Brokers, developers use the World Cup to pitch foreign buyers. Here’s where they’re coming from
Brazil, Colombia, Mexico, Argentina strong buyer pools
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Commercial
New York
“Extend and pretend” is not real, Fed economist says
New research paper by a Federal Reserve Board economist suggests big banks extended CRE loans at historical norms
Residential
National
Elliman’s weak first-quarter performance casts doubt on turnaround
A closer look at the firm’s tenuous state of recovery
Commercial
International
Zara founder nears largest European office buy in years
Amancio Ortega reportedly in talks to acquire Paris complex for $985M
Development
South Florida
Related Group taps Live Local for Hollywood beachfront project, sidestepping county land-use ruling
Developer agreed to add workforce housing rentals to its condo development
Development
South Florida
“Subpar construction”: Amrit Ocean Resort owners sue developer, construction team over alleged defects
Lawsuit adds to developer Wellness Resorts’ legal woes
Commercial
New York
Hotel union deal puts cleaners on track for $100K salaries
Tentative contract delivers historic raises as owners brace for heightened labor costs
Residential
New York
Housing Notes: A fed paper shows just how private listings screw over the elderly
Double-ending more deals will burn down the house
Brand Studio
Christie’s International Real Estate Group brings the Dominican Republic to NYC with Gran Cosón
Curated wellness comes to Playa Cosón
Politics
Los Angeles
YIMBY movement split on who should be CA’s next governor
Varying endorsements reveal a coalition united on the housing crisis but divided on who can fix it
Thakkars claim Safehold cut them out of office-to-resi conversion
Texas family fights to stay in Midtown tower bought on Ten-X
Growing law firm leases keep Manhattan’s office market humming
Willkie Farr, Kirkland & Ellis each expand by more than 50K sf
Upstate NY rent reg bill builds momentum, COPA secures City Council support
Controversial bills are quickly gaining ground
The Daily Dirt: The life and death of a landlord
Howard Alkoff’s well-kept portfolio selling at discount, thanks to HSTPA
Kathie Lee Gifford’s headline listing and Greenwich’s lux surge
How $100M asking fits in CT market & more in notes from a resi reporter
Hotel union deal puts NYC owners on notice
Plus, a Penn Station update, Mamdani’s first rezoning and more in NY news
Brokers, developers use the World Cup to pitch foreign buyers. Here’s where they’re coming from
Brazil, Colombia, Mexico, Argentina strong buyer pools
$85M Manalapan mansion with tunnel to the ocean finds buyer
Pan-Pacific Mechanical owners Ron and Cindy McMackin are selling the estate
Publix rings up discounted shopping center near Boynton Beach for $78M
Lakeland-based grocer’s spending on retail plazas anchored by its supermarkets has reached $378M
Dingle brothers sell waterfront spec mansion for $75M in Boca Raton record
Deal will reset pricing in the city and within Royal Palm, broker said
Seller tied to investor Randall Smith sells Palm Beach mansion for $93M
Hidden buyer financed purchase of Everglades Island home with $70M mortgage
Forest Development wins bid to build at Riviera Beach’s Marina Village
Peter Baytarian’s firm beat out Related, Sonnenblick with proposal for 20-story Marriott Autograph hotel, condo with boat slips
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Dauntless does it again: Pasadena hotel fetches $450k per key
$65M for Marriott reflects post-pandemic markup, outpaces market
Kirman courts new crowd, international buyers at Privé Malibu
His Christie’s International Real Estate SoCal landed sales contract for 68-unit coastal development
Onni’s $400M loan finds itself in special servicing again
Moved at borrower’s request, could be workout play as Onni plans office to resi
LA city’s top construction permits: Week ending May 17, 2026
TRD reports on the top new permits in Los Angeles last week
Will Cityview take the lead on Oceanwide Plaza fix?
Plus, Onni’s $400M loan to special servicing again, Dauntless gets post-pandemic payoff in Pasadena and more LA commercial real estate news this week
Swath of new Echo Park apartment buildings from Aragon Properties up for sale
LA multifamily sector driving investor activity across city: Avison Young
Judge orders Chicago MLS to restore Zillow access to listings
Court’s ruling on Friday afternoon followed several days of home search giant lacking listings due to dispute with MRED
Chicago brokerages navigate Zillow access after listing purge
Independent firms are still sending listings after MLS cutoff, while Compass agents market exclusivity
Mike Reschke tees up latest Loop office bargain
One of Chicago real estate’s most prominent figures advances push to revamp city’s central business district with deal for mostly vacant tower
Chicago craft brewery owners hit with $5M foreclosure
Harvest Commercial Capital sues David Avram-led ownership entity over Near West Side facility
Interim Chicago Housing Authority head Matthew Brewer considering mayoral run
Brewer is in the middle of a public power struggle with Mayor Brandon Johnson over CHA’s CEO role
Domus’ Fulton Market apartment tower plan hits setback
Lack of park parcel procurement leaves 29-story project at 215 North Racine in limbo
YIMBY movement split on who should be CA’s next governor
Varying endorsements reveal a coalition united on the housing crisis but divided on who can fix it
Sand Hill affiliate plots hundreds of apartments, townhomes in East Palo Alto
Developer advancing other multifamily efforts nearby
22-bedroom East Bay estate trades for near-record price
AI boom continues to drive big-ticket mansion sales across Bay Area
Affordable housing project rises from SiliconSage wreckage in Fremont
USA Properties Fund closes nearly $12M land buy for 290-unit development
Hoping to spur development, San Francisco wants to eliminate some affordable housing requirements
Plus, endorsements in the gubernatorial, congressional races scramble expectations
Tech firm snags foreclosed San Jose office building at 24% discount
Bay Area commercial distress opens doors for optimistic investors
Meet Poorvesh Thakkar, the Dallas owner Safehold is trying to eject from a Midtown office tower
Thakkar Developers bought the office building on Ten-X in 2024 for 97% less than its 2006 sale price
Austin in line for $30M of libertarian development devoted to Ayn Rand
Rand foundation is building the center blocks from UT Austin’s campus
Texas grocer H-E-B to close Austin store in move that spotlights its evolution into real estate empire
Store in question was smaller than modern behemoths and built in the 80s at leased property
Can JLL smooth out Sundance Square leasing as Sasha and Ed Bass step back?
Plus, looming housing legislation spooks BTR developers, Jeff Bezos’ Blue Origin eyes Hutto for $650M project and more Texas real estate news this week
Israeli manufacturer of food delivery drones opens facility in north Dallas suburb
Flytrex plans to have 60 delivery sites across North Texas by 2027
Texas Capital Bank moving into Stonelake’s 415 Colorado in Austin
The bank is folding its entire operation at San Jacinto Center into the new office building
Wall Street crowds into niche corner of real estate private credit
Non-traded mortgage REITs — similar in structure to Blue Owl’s controversial credit arm — are seeing a surge of new startups
Nation's biggest builders hit with wave of defect claims
Homeowners allege faulty construction, developers blame aggressive lawyers
ICSC 2026: Parties, panels, pools — and chasing down deals
Debauchery may have mellowed but that doesn’t stop pros from letting loose, as retail's biggest event ends today
Industrial Realty partners with Sachem for $3.4B REIT
Mortgage lender joins forces with Los Angeles industrial giant in pivot
States defang housing opponents, but NIMBYs claw back
LA project is example of developer trying to use new state laws
Boston
Starwood lending arm trying to flip Back Bay office
LNR Partners bought Boston property at auction for $95M
Japanese real estate bank lending soars to record high
$113B spending leads to concerns of market overheating, spec flipping
Czech billionaire Karel Komárek in pole position for second London office buy
Investment group KKCG submits £282M bid for 1 St James’s Square
Housing Notes: Chinese consumers prefer existing housing over new development
Households now favor certainty over buying off-plan
Australian Trump Tower project scrapped by developer shortly after grand reveal
Trump Org developments advancing in Middle East as name becomes “toxic” Down Under
Lionel Messi makes return to Barcelona … real estate
Inter Miami star purchases shuttered shopping center for $14M
Brookfield doubles down on Dubai with 480K sf mixed-use venture
Canadian investment giant teams with Alshaya Group despite regional instability
National
Opportunity zones got billions in tax breaks. Only Ohio tracked where the money went
There’s still no national accounting of where billions in tax-advantaged investment actually went
New York
New York’s proposed all-cash luxury home tax would hit these neighborhoods hardest
As mortgage rates remain high, all-cash purchases climb through the Big Apple
National
Pending home sales rose in April, but middle-class buyers still face a massive supply shortage
Western region saw greatest yearly increase in pending deals
New York
Brooklyn and Queens fuel NYC’s off-market deal surge
Off-market residential sales jumped across NYC in 2025 as private listings spread beyond Manhattan’s luxury core
National
Residential foreclosures soar in Sun Belt metros
FHA loans, affordability concerns add to pressures on borrowers
National
Commercial originations surge 52% amid lender "feeding frenzy"
Commercial real estate debt originations climb at highest rate in five years
New York
Kathie Lee Gifford’s headline listing and Greenwich’s lux surge
How $100M asking fits in CT market & more in notes from a resi reporter
New York
NYC’s top deals: UES co-op sells for $13M
TRD reports top transactions for Friday, May 22, 2026
Los Angeles
Swath of new Echo Park apartment buildings from Aragon Properties up for sale
LA multifamily sector driving investor activity across city: Avison Young
Los Angeles
Huntington Beach senior housing project scores $252M financing package
Sector occupancy increasing as new construction falls despite silver tsunami looming
South Florida
Seller tied to investor Randall Smith sells Palm Beach mansion for $93M
Hidden buyer financed purchase of Everglades Island home with $70M mortgage
Chicago
Chicago brokerages navigate Zillow access after listing purge
Independent firms are still sending listings after MLS cutoff, while Compass agents market exclusivity
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Los Angeles
Will Cityview take the lead on Oceanwide Plaza fix?
Plus, Onni’s $400M loan to special servicing again, Dauntless gets post-pandemic payoff in Pasadena and more LA commercial real estate news this week
New York
Hotel union deal puts NYC owners on notice
Plus, a Penn Station update, Mamdani’s first rezoning and more in NY news
New York
NYC’s top deals: UES co-op sells for $13M
TRD reports top transactions for Friday, May 22, 2026
New York
Sherwin Belkin, prominent New York landlord-side attorney, to retire
He worked specifically with rent-stabilization
San Francisco
Tech firm snags foreclosed San Jose office building at 24% discount
Bay Area commercial distress opens doors for optimistic investors
Texas
Texas Capital Bank moving into Stonelake’s 415 Colorado in Austin
The bank is folding its entire operation at San Jacinto Center into the new office building
Texas
Israeli manufacturer of food delivery drones opens facility in north Dallas suburb
Flytrex plans to have 60 delivery sites across North Texas by 2027
South Florida
Forest Development wins bid to build at Riviera Beach’s Marina Village
Peter Baytarian’s firm beat out Related, Sonnenblick with proposal for 20-story Marriott Autograph hotel, condo with boat slips
Texas
Austin in line for $30M of libertarian development devoted to Ayn Rand
Rand foundation is building the center blocks from UT Austin’s campus
Texas
Meet Poorvesh Thakkar, the Dallas owner Safehold is trying to eject from a Midtown office tower
Thakkar Developers bought the office building on Ten-X in 2024 for 97% less than its 2006 sale price
South Florida
South Florida by the numbers: Condo buyout bonanza
Real estate heavy hitters buying older buildings at accelerating pace and cost
Texas
Hillwood moving low-and-slow with 1,000 plus acre master-planned community in Lockhart
The development is going through the paces before shovels hit dirt